Visa and Mastercard Have Partnered With These 2 Altcoins! – Cryptokoin.com

Tron founder Justin Sun made a statement on Thursday. The statement said that Huobi Global has partnered with Visa to launch the Huobi Visa Card. The aim of the partnership is to create a more efficient and convenient channel between fiat and crypto. However, popular altcoin Polygon has announced a partnership with Mastercard to launch the first personalized NFT debit card. Holders of the new card will be able to spend their crypto and accumulate spending rewards. Here are the details…

Visa announces partnership with Huobi

In an official announcement, Huobi announced that it has partnered with Visa to launch the Huobi Visa card. In the first place, the Huobi Visa Card will be offered in the European market. The card will be made available in other regions later. The launch will contribute to the global promotion of virtual assets. Justin Sun claims that the Huobi Visa card launch is an important milestone for the company and the crypto community. Sun said in his tweet:

In the future, every Huobi user will receive a visa card, enjoying the freedom of identity and financial freedom. Travel the world with a card in your hand!

Huobi Visa card will be linked to users’ Huobi account. The virtual asset balance in the Huobi account can be used to make payments. In addition, the card offers benefits such as cashback, discount, airdrop coupons and Huobi Earn product investment privileges in Huobi Token (HT). Standing out with its crypto partnerships, Visa, as we reported as Kriptokoin.com, claimed in early December that the integration of the leading altcoin Ethereum would allow users to transact without the participation of third parties.

Mastercard to collaborate with popular altcoin Polygon

According to the announcement, Polygon wallet holders will be able to personalize their new MasterCard debit card with a favorite image in NFT format. In addition, MasterCard holders can be used to spend the card, cryptocurrency and fiat. Polygon’s participation in the collaboration supports the minting of NFTs for the new debit card to be made free of charge. This means that program participants will not have to pay any transaction gas fees. The statement included the following:

Today, we are proud to announce our collaboration with Polygon, allowing users to easily create an NFT using their favorite image to customize a Debit Mastercard.

Last September, Mastercard and Hi partnered for blue-chip collectibles like the Bored Ape Yacht Club and CryptoPunks, launching the first customizable NFT debit cards. The current collaboration is indicative of growing interest in the Polygon network. Recently, Polygon network has come to the fore, especially with its NFT studies. Donald Trump also chose Polygon for his NFT collections.

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